Shanxi Taigang Stainless Steel Co Ltd

SHE:000825 China Steel
Market Cap
$3.70 Billion
CN¥27.11 Billion CNY
Market Cap Rank
#6241 Global
#927 in China
Share Price
CN¥4.76
Change (1 day)
-0.42%
52-Week Range
CN¥3.18 - CN¥5.57
All Time High
CN¥11.84
Categories
Companies in China Steel
About

Shanxi Taigang Stainless Steel Co., Ltd. engages in the production and sales of steel products in China and internationally. The company's products include stainless steel, cold-rolled silicon steel, carbon steel hot-rolled coils, train axle steel, alloy die steel, military steel, etc.; ultra-pure ferrite, dual-phase steel, high-carbon martensite, non-magnetic steel, railway passenger and freight… Read more

Shanxi Taigang Stainless Steel Co Ltd (000825) - Net Assets

Latest net assets as of September 2025: CN¥35.52 Billion CNY

Based on the latest financial reports, Shanxi Taigang Stainless Steel Co Ltd (000825) has net assets worth CN¥35.52 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥66.23 Billion) and total liabilities (CN¥30.70 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥35.52 Billion
% of Total Assets 53.64%
Annual Growth Rate 16.48%
5-Year Change 4.4%
10-Year Change 58.04%
Growth Volatility 46.41

Shanxi Taigang Stainless Steel Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Shanxi Taigang Stainless Steel Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Shanxi Taigang Stainless Steel Co Ltd (1995–2024)

The table below shows the annual net assets of Shanxi Taigang Stainless Steel Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥34.92 Billion -2.78%
2023-12-31 CN¥35.91 Billion -3.84%
2022-12-31 CN¥37.35 Billion +5.09%
2021-12-31 CN¥35.54 Billion +6.27%
2020-12-31 CN¥33.44 Billion +3.69%
2019-12-31 CN¥32.25 Billion +4.63%
2018-12-31 CN¥30.82 Billion +12.75%
2017-12-31 CN¥27.34 Billion +18.20%
2016-12-31 CN¥23.13 Billion +4.70%
2015-12-31 CN¥22.09 Billion -14.87%
2014-12-31 CN¥25.95 Billion -0.71%
2013-12-31 CN¥26.14 Billion +0.90%
2012-12-31 CN¥25.90 Billion +3.37%
2011-12-31 CN¥25.06 Billion +9.25%
2010-12-31 CN¥22.94 Billion +5.55%
2009-12-31 CN¥21.73 Billion +2.10%
2008-12-31 CN¥21.29 Billion +20.55%
2007-12-31 CN¥17.66 Billion +27.16%
2006-12-31 CN¥13.88 Billion +134.31%
2005-12-31 CN¥5.93 Billion +10.73%
2004-12-31 CN¥5.35 Billion +18.67%
2003-12-31 CN¥4.51 Billion +23.49%
2002-12-31 CN¥3.65 Billion +8.27%
2001-12-31 CN¥3.37 Billion +40.57%
2000-12-31 CN¥2.40 Billion +9.85%
1999-12-31 CN¥2.18 Billion +4.55%
1998-12-31 CN¥2.09 Billion +225.27%
1997-12-31 CN¥642.40 Million +48.37%
1996-12-31 CN¥432.96 Million +3.61%
1995-12-31 CN¥417.88 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanxi Taigang Stainless Steel Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 1725367008700.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥17.25 Billion 52.98%
Common Stock CN¥5.71 Billion 17.52%
Other Comprehensive Income CN¥18.83 Million 0.06%
Other Components CN¥9.59 Billion 29.44%
Total Equity CN¥32.57 Billion 100.00%

Shanxi Taigang Stainless Steel Co Ltd Competitors by Market Cap

The table below lists competitors of Shanxi Taigang Stainless Steel Co Ltd ranked by their market capitalization.

Company Market Cap
Bilfinger SE O.N.
LSE:0NRG
 		$1.33 Billion
Orange Polska S.A
PINK:PTTWF
 		$1.33 Billion
West African Resources Limited
PINK:WFRSF
 		$1.33 Billion
Exail Technologies S.A.
PA:EXA
 		$1.33 Billion
Bharti Hexacom Ltd
NSE:BHARTIHEXA
 		$1.33 Billion
Central New Energy Holding Group Limited
F:H4M1
 		$1.33 Billion
Bonesupport Holding AB (publ)
PINK:BOEUF
 		$1.33 Billion
Adani Total Gas Limited
NSE:ATGL
 		$1.32 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanxi Taigang Stainless Steel Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 33,578,545,886 to 32,565,451,698, a change of -1,013,094,188 (-3.0%).
  • Net loss of 981,020,109 reduced equity.
  • Dividend payments of 246,038,776 reduced retained earnings.
  • Other comprehensive income decreased equity by 27,234,552.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-981.02 Million -3.01%
Dividends Paid CN¥246.04 Million -0.76%
Other Comprehensive Income CN¥-27.23 Million -0.08%
Other Changes CN¥241.20 Million +0.74%
Total Change CN¥- -3.02%

Book Value vs Market Value Analysis

This analysis compares Shanxi Taigang Stainless Steel Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.83x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 59.10x to 0.83x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.08 CN¥4.76 x
1996-12-31 CN¥0.08 CN¥4.76 x
1997-12-31 CN¥0.12 CN¥4.76 x
1998-12-31 CN¥0.37 CN¥4.76 x
1999-12-31 CN¥0.38 CN¥4.76 x
2000-12-31 CN¥0.42 CN¥4.76 x
2001-12-31 CN¥0.61 CN¥4.76 x
2002-12-31 CN¥0.65 CN¥4.76 x
2003-12-31 CN¥0.80 CN¥4.76 x
2004-12-31 CN¥0.94 CN¥4.76 x
2005-12-31 CN¥1.04 CN¥4.76 x
2006-12-31 CN¥3.09 CN¥4.76 x
2007-12-31 CN¥3.26 CN¥4.76 x
2008-12-31 CN¥3.80 CN¥4.76 x
2009-12-31 CN¥3.67 CN¥4.76 x
2010-12-31 CN¥3.84 CN¥4.76 x
2011-12-31 CN¥4.09 CN¥4.76 x
2012-12-31 CN¥4.26 CN¥4.76 x
2013-12-31 CN¥4.34 CN¥4.76 x
2014-12-31 CN¥4.41 CN¥4.76 x
2015-12-31 CN¥3.74 CN¥4.76 x
2016-12-31 CN¥3.94 CN¥4.76 x
2017-12-31 CN¥4.72 CN¥4.76 x
2018-12-31 CN¥5.35 CN¥4.76 x
2019-12-31 CN¥5.61 CN¥4.76 x
2020-12-31 CN¥5.78 CN¥4.76 x
2021-12-31 CN¥6.16 CN¥4.76 x
2022-12-31 CN¥6.11 CN¥4.76 x
2023-12-31 CN¥5.90 CN¥4.76 x
2024-12-31 CN¥5.71 CN¥4.76 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanxi Taigang Stainless Steel Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -3.01%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -0.98%
  • • Asset Turnover: 1.49x
  • • Equity Multiplier: 2.07x
  • Recent ROE (-3.01%) is below the historical average (10.53%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 38.39% 6.33% 2.28x 2.66x CN¥118.63 Million
1996 30.90% 5.24% 2.09x 2.82x CN¥90.49 Million
1997 19.03% 6.40% 1.24x 2.39x CN¥58.04 Million
1998 10.28% 8.15% 0.67x 1.89x CN¥5.40 Million
1999 14.29% 7.99% 0.89x 2.02x CN¥85.00 Million
2000 13.34% 5.90% 1.04x 2.17x CN¥72.97 Million
2001 9.45% 4.35% 1.20x 1.82x CN¥-17.36 Million
2002 8.41% 2.81% 1.64x 1.82x CN¥-53.54 Million
2003 14.78% 3.69% 1.83x 2.19x CN¥197.33 Million
2004 20.64% 4.50% 2.03x 2.26x CN¥519.91 Million
2005 14.37% 3.27% 2.01x 2.19x CN¥236.13 Million
2006 18.40% 6.04% 0.99x 3.07x CN¥1.12 Billion
2007 25.13% 5.24% 1.41x 3.41x CN¥2.56 Billion
2008 6.02% 1.49% 1.28x 3.17x CN¥-817.99 Million
2009 4.33% 1.26% 1.17x 2.94x CN¥-1.19 Billion
2010 6.28% 1.57% 1.37x 2.91x CN¥-811.94 Million
2011 7.75% 1.88% 1.46x 2.82x CN¥-525.32 Million
2012 4.56% 1.07% 1.49x 2.86x CN¥-1.32 Billion
2013 2.56% 0.60% 1.39x 3.08x CN¥-1.83 Billion
2014 1.77% 0.51% 1.14x 3.05x CN¥-2.06 Billion
2015 -17.44% -5.46% 0.94x 3.40x CN¥-5.84 Billion
2016 5.13% 2.03% 0.78x 3.23x CN¥-1.09 Billion
2017 17.18% 6.82% 0.91x 2.77x CN¥1.93 Billion
2018 16.34% 6.82% 1.02x 2.36x CN¥1.93 Billion
2019 6.63% 3.01% 1.01x 2.18x CN¥-1.08 Billion
2020 5.27% 2.57% 0.99x 2.08x CN¥-1.56 Billion
2021 17.99% 6.22% 1.50x 1.93x CN¥2.80 Billion
2022 0.44% 0.16% 1.34x 2.09x CN¥-3.33 Billion
2023 -3.22% -1.02% 1.55x 2.03x CN¥-4.44 Billion
2024 -3.01% -0.98% 1.49x 2.07x CN¥-4.24 Billion

Industry Comparison

This section compares Shanxi Taigang Stainless Steel Co Ltd's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $12,378,671,242
  • Average return on equity (ROE) among peers: 20.92%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanxi Taigang Stainless Steel Co Ltd (000825) CN¥35.52 Billion 38.39% 0.86x $1.33 Billion
CITIC Pacific Special Steel Group Co Ltd (000708) $4.40 Billion 81.30% 0.74x $1.84 Billion
HBIS Co Ltd (000709) $7.63 Billion 11.59% 1.03x $1.27 Billion
Sgis Songshan Co Ltd (000717) $8.00 Billion 22.80% 1.15x $443.11 Million
Bengang Steel Plates Co Ltd (000761) $20.01 Billion 2.78% 2.03x $452.44 Million
Xinxing Ductile Iron Pipes Co Ltd (000778) $2.18 Billion 17.60% 0.97x $1.51 Billion
Jiangsu Fasten Co Ltd (000890) $1.18 Billion 1.14% 1.80x $283.59 Million
Angang Steel Co Ltd Class A (000898) $60.19 Billion 11.57% 0.62x $1.19 Billion
Hunan Valin Steel Co Ltd (000932) $1.39 Billion 22.60% 1.61x $1.17 Billion
Beijing Shougang Co Ltd (000959) $6.43 Billion 16.93% 1.18x $911.24 Million